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Other Payables and Accrued Liabilities (Tables)

6 Months Ended

Jun. 30, 2014

Other payables and accrued liabilities [Abstract]

Summary of other Payables and Accrued Liabilities

		June 30,				December 31,
		2014				2013
Accrued electricity		$	432,295			$	372,726
Accrued professional fees			108,000				58,000
Value-added tax payable			-				940,400
Accrued interest to a related party			635,602				566,343
Accrued bank loan interest			382,743				380,022
Advance from customer			4,876				11,453
Insurance premium payable			-				62,348
Payable for purchase of equipment			364,317				-
Others			30,254				260,180
Totals		$	1,958,087			$	2,651,472

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- Definition

Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses.

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No definition available.

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